user
Write a response that appropriately completes the request.

### Instruction:
If a bank was introducing a new savings account, come up with guidelines for the account.

### Response:
assistant
The XYZ Bank savings account is designed to help customers build their savings with the benefit of earning interest. Eligibility requirements are outlined below: 

- The minimum age for account holders is 18. 
- A valid U.S. Government-issued photo identification is required for account set-up. 
- There is no minimum deposit required to open an account. 
- Interest is compounded daily and credited to the account on the last day of each month. 
- Customers must maintain a minimum balance of $1000 to avoid a maintenance fee. 
- Withdrawals are allowed up to a limit of six per month, with a fee of $5 for each additional withdrawal. 
- Account holders can close their account at any time and all interest earned to that point will be credited to their account. 
- Only one account holder per account is allowed. 
- XYZ Bank reserves the right to change the terms and conditions of the savings account at any time.